HomeNewsBusinessStocksTrade in Bajaj Finance; buy Indiabulls Housing Finance: Sukhani

Trade in Bajaj Finance; buy Indiabulls Housing Finance: Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that Bajaj Finance is a good trade for short term and advises buying Indiabulls Housing Finance.

January 21, 2016 / 09:19 IST
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Sudarshan Sukhani of s2analytics.com told CNBC-TV18, "You could trade Bajaj Finance today. In spite of a gap-up assuming that it does go through a gap-up it is one of the strongest stocks in the NBFCs area. Indiabulls Housing Finance is a worth buying into. Bajaj Finance comes in the same category, there was a sharp correction but that correction has to be taken at the back drop of that big rally we saw in Bajaj Finance. That correction has stopped almost exactly at a support level.""Yesterday was a good day in spite of the Nifty falling, so Bajaj Finance is a short-term trade. You could carry positions if it rebounds in the day and for Indiabulls Housing the same idea applies consider buying it. Consider even carrying it for tomorrow if it closes well," he said.

first published: Jan 21, 2016 09:08 am

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